Brazil will release a National Export Plan early in March and it can’t come fast enough for shippers in the South American country, who were expecting it to launch this month and see it as adding to a weak currency in boosting exports

The opening of the enlarged Panama Canal in 2016 likely will trigger a “massive” surplus of 4,000- to 5,000-TEU container ships, many of which will have to be scrapped regardless of their age, according to Drewry Maritime Research.

Roger Guenther, executive director, Port of Houston Authority, discusses trade lane growth, specifically with Asia and South America, the renaissance in the energy sector, and planning for future expansions at the port.